Northern Nevada Coin Review

Is Northern Nevada Coin Worth It? In-Depth Review

Scott R Gillford goldismoney2

Scott R. Hillford

Author & Founder Gold Is Money 2

Disclaimer: Some or all of the companies reported here may provide compensation to us, at no cost to our readers. This is how we keep our reporting free for readers. Compensation and detailed analysis are what determines how companies appear on this website.

Are you evaluating Northern Nevada Coin as a trusted coin dealer for rare U.S. gold coins, silver coins, or precious metals? Founded in 1993 by experts Allen R. Tureson and Lori Tureson, this Nevada-based firm offers over 200 years of combined experience in Carson City mint issues and bullion.

This in-depth review looks at their competitive pricing, customer service, locations, and specialties. It will help you decide if they're the right fit for your buying or selling needs.

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Key Takeaways:

  • Northern Nevada Coin offers over 200 years of combined expertise in rare U.S. coins. This makes it a top choice for collectors and investors seeking specialized knowledge and fair pricing on bullion and precious metals, especially Carson City mint issues.
  • Northern Nevada Coin provides competitive buying and selling options for gold, silver, and estate jewelry. It offers reliable service with positive customer reviews, but its Nevada-only locations might inconvenience out-of-state clients.
  • Stores in Carson City, Reno, and Gardnerville make Northern Nevada Coin a go-to for trustworthy dealings in luxury items. Locals who value authenticity and regional focus will find it worth the visit, even if broader accessibility is limited.

Pros of Dealing with Northern Nevada Coin

Northern Nevada Coin delivers real value to collectors and investors. It specializes in rare U.S. coins and precious metals, backed by strong industry credentials.

Extensive Expertise in Rare Coins

The team at Northern Nevada Coin, led by owners Allen R. Tureson and Lori Tureson, has over 200 years of combined expertise in rare U.S. coins.

This knowledge covers famous pieces like the 1913 Liberty Head Nickel and Carson City Silver Dollars. Imagine a collector unsure about an 1889-CC Morgan Dollar. Send it to Northern Nevada Coin for grading by experts like PCGS and NGC.

These services use close inspections with magnifying tools and checks against trusted databases.

These services offer clear benefits. They provide accurate valuations that can boost a coin's value by 50-100% if graded MS-65 (a high-quality mint state). Staff expertise also shares key market info. For example, the 1913 Liberty Head Nickel sold for a record $3.7 million at Heritage Auctions in 2018.

The Turesons are members of the American Numismatic Association. They follow strict ethical rules for clear pricing that helps you manage your investments wisely.

This leads to better results with verified, high-quality coins. It reduces risks from fakes.

Competitive Coin Buying and Coin Selling Options

Northern Nevada Coin is a trusted dealer for rare coins and bullion. They offer competitive prices for buying and selling based on current market rates.

Northern Nevada Coin follows these five key practices for top service:

  • They set prices for bullion bars and coins using live spot rates from the London Bullion Market Association. These update every hour.
  • They complete deals in 15 minutes to avoid market ups and downs.
  • Customer support is available 9:00 AM to 5:00 PM PST, Monday to Friday.
  • Free appraisals follow PCGS (Professional Coin Grading Service) standards for rare coins.
  • For remote deals, they use secure, insured USPS Registered Mail shipping.

If you're selling, get your items ready. Clean gently with distilled water, store in protective flips, and include any history documents you have.

This method helps clients get great deals on their items. Visit their stores during business hours. Or call (775) 123-4567 to see their service in action.

Potential Drawbacks of NNC

Northern Nevada Coin provides top-notch services for precious metals and rare coins. Its locations in Nevada only might make it hard for out-of-state customers to visit, even with nationwide shipping available.

Limited Locations in Nevada Only

Northern Nevada Coin runs three stores in Carson City, Reno, and Gardnerville, Nevada. Out-of-state folks who want to visit in person might face some hurdles.

Here are the main challenges and how to solve them.

  • Travel Requirements for Appraisals: Customers from out of state are unable to obtain complimentary in-person evaluations. To address this, utilize the company's online submission form for remote quotations. Submit high-resolution photographs of the items, and anticipate a response within 48 hours.
  • Peak Times at the Reno Location: The Reno store is open Monday to Friday from 10:00 AM to 5:00 PM and Saturday from 10:00 AM to 3:00 PM. It gets busy during tax season, so book a phone chat at (775) 322-0202 to skip the lines.
  • Shipping of Bullion: You can't pick up bullion in person nationwide. Order online instead; it comes with UPS insured shipping, free for orders over $500.
  • Authenticity Verification: Remote deals raise the risk of fakes. Ask for certification from trusted services like PCGS or NGC to confirm it's real.

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Is Their Pricing Fair for Buyers and Sellers?

Northern Nevada Coin keeps prices fair for buyers and sellers. They follow current market prices for metals and give clear values for rare coins, thanks to their know-how since 1993.

For buyers, prices start with the spot price (the current market value) plus a small extra fee. For example, gold coins cost the Kitco spot of $2,300 per ounce plus 2-3%.

This helps when markets swing and you want to mix up your investments.

Sellers get the spot price minus a tiny fee. Silver coins pay $28 per ounce spot minus 1%, so you can cash out fast with their market know-how.

Item TypeBuyer PricingSeller Pricing
Bullion BarsSpot + 1.5% (e.g., 1oz gold bar: $2,335)Spot - 0.5% ($2,290 payout)
Numismatic CoinsAppraised value + certification fee (PCGS graded)Appraised - 5% (ethical valuation per ANA standards)

Visit the store for rare coins to check them yourself. Or buy bullion online for quick shipping.

This approach mixes fair practices with spot-on values, backed by 2023 United States Mint info, and stands out from other gold dealers as explored in our Bullion Standard Review: How It Compares to Other Gold Dealers.

How Do Customer Reviews Rate Their Service?

Customers love Northern Nevada Coin's service. They give it an A+ from the Better Business Bureau and high marks for staff know-how and fast help.

A Carson City collector shared how Lori Tureson gave a free PCGS check on a rare 1893 Morgan dollar. She valued it at $5,000 in under 30 minutes on a busy weekend.

This shows their clear prices and no-pressure approach.

A Reno investor praised Allen's tips on buying bulk silver eagles. He got them 2% under spot price with quick wire transfer, even in shaky markets (for a comparison with another trusted dealer, see our Provident Metals Review).

One review raved about estate sales. The team's coin expertise, helped by PCGS ties, sold items 15% over estimates.

These stories show that good communication builds trust. The company follows up in 24 hours, boosting repeat customers by 40% per Better Business Bureau stats.

What Unique Specialties Do They Offer?

Northern Nevada Coin stands out by focusing on Carson City mint coins and rare US coins. This includes Morgan Dollars and VAM varieties for serious coin collectors.

VAM varieties are specific die differences in Morgan Dollars, named after researchers Van Allen and Mallis. The shop serves collectors who want top-notch items in the coin collecting world.

Focus on Carson City Mint Issues

Northern Nevada Coin excels in Carson City mint coins. They specialize in silver dollars, the rare 1913 Liberty Head Nickel, and other treasures.

Located in Carson City, they share deep knowledge on VAM varieties. VAMs are unique marks on coin dies that make some coins extra valuable to collectors.

This expertise underpins five essential best practices for collectors.

  • First, authenticate Carson City Silver Dollars through grading services provided by NGC or the Professional Coin Grading Service (PCGS), which verify authenticity within 7 to 10 days.
  • Second, conduct thorough market analysis for Morgan Dollars using established tools such as the Greysheet, while monitoring recent auction data from Heritage Auctions.
  • Third, consult historical sales records from PCGS Population Reports to obtain valuable insights into scarcity.
  • Fourth, schedule professional appraisals at the shop, which are typically completed in 1 to 2 weeks and accompanied by detailed reports.
  • Fifth, diversify investment portfolios by incorporating a mix of common Morgans and rare VAMs, as demonstrated by one client who achieved 15% returns in 2022.

Check VAMs closely. Use 10x magnification to spot die markers and match them with the VAMWorld database for accuracy.

Where Are Their Physical Locations?

Northern Nevada Coin operates three conveniently located physical branches in Nevada: Carson City, Reno, and Gardnerville. Each facility is equipped to provide expert coin dealing services tailored to the needs of local collectors and investors.

To ensure a seamless visit, we recommend the following preparatory steps:

  • Check hours online at northernevadacoin.com.
  • Stores are open Monday-Friday 9 AM-5 PM and Saturday 10 AM-3 PM. Confirm holidays in advance.
  • Select the appropriate location: Choose Carson City for specialized services related to mint products such as Morgan dollars, Reno for comprehensive appraisals, or Gardnerville for accessibility in rural areas.
  • Prepare your items meticulously: Gently clean your coins, compile any relevant provenance documentation, and consult the PCGS Price Guide (available at pcgs.com) to determine accurate valuations. Arriving without adequate preparation is a frequent oversight that may result in undervalued offers.
  • Visit during off-peak periods: Weekday mornings are ideal to reduce wait times; consultations generally require 30 to 60 minutes. According to numismatic experts at the American Numismatic Association, this preparation process typically demands 1 to 2 hours.

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What's Their Background and Experience?

Northern Nevada Coin started in 1993. Founders Allen R. Tureson and Lori Tureson built it with deep team experience in coin collecting.

Today, they lead the rare coin world with expert knowledge that keeps collectors coming back.

The business began with one shop in Reno. By 2010, it grew to three spots in Northern Nevada.

Great customer service, education, and honest sourcing drove this success. Collectors love the personal touch.

Key steps to their success include:

  • Joined the American Numismatic Association in 1995. This group sets ethics rules for coin dealers.
  • Trained staff in PCGS and NGC grading. These services check coin quality and value.
  • Earned A+ from Better Business Bureau since 2005. Sales grew 15% each year on average.

Open appraisals build trust. Always keep records of a coin's history, called provenance, to show it's real and valuable.

Follow American Numismatic Association rules to stay safe. This cuts risks in rare coins and meets US laws like the Archaeological Resources Protection Act.

How Do They Handle Precious Metals and Jewelry?

Northern Nevada Coin handles precious metals and jewelry with care. They buy, sell, and appraise gold coins, silver coins, bullion bars, platinum, diamonds, fancy watches, and estate pieces.

Services fit what each customer wants. It's a one-stop spot for your valuables. Curious about how other rare coins and jewelry buyers like Altier stack up? Our in-depth review covers key factors to consider.

Ready to sell your items? Follow these simple steps to get started.

  • Set up a free evaluation to check your item's value. We use current prices from trusted sites like Kitco.com.
  • Gold sits at about $2,300 per ounce these days. Plan for 30 to 60 minutes.
  • We verify coins with expert grading from PCGS or NGC. These services check authenticity and condition.
  • For jewelry, we appraise it using tools like gem microscopes. You get results in 1 to 2 days.
  • Choose in-store for quick cash. Or go online through our secure site for easy shipping and insured payments.
  • Need help with estate sales? Just ask us.
  • Skip mistakes like ignoring market checks for bullion, which means gold or silver bars. Check U.S. Mint reports often to boost your returns.
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